Right-Of-Use Assets, Net
12 Months Ended
Feb. 29, 2020
Notes to Financial Statements  
Right-Of-Use Assets, Net
4. Right-Of-Use Assets, Net

 

Right-of-use assets, net, consist of the following:

 

    Cost     Accumulated
Amortization
    February 29,
2020
Net Carrying Value
    February 28,
2019
Net Carrying Value
 
                         
Right-of-use building (operating lease)   $ 19,367     $ (16,600 )   $ 2,767     $  
Right-of-use vehicles (finance lease)     50,586       (15,866 )     34,720        
                                 
Total   $ 69,953     $ (32,466 )   $ 37,487     $  

 

During the year ended February 29, 2020, the Company recorded rent expense of $17,774 related to Company’s right-of-use building and amortization expense of $10,833 (2019 - $nil) related to the Company’s right-of-use vehicles.